Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Namibia’s Ministry of Environment and Tourism has granted environmental approval for the linear infrastructure for the proposed Husab uranium project to Extract Resources subsidiary Swakop Uranium. The approval, covering access roads, electricity, telecommunications and water supply, is the final environmental approval needed for the project. The project mining area received environmental approval in January. Extract is now waiting to receive a mining licence from the Ministry of Mines, according to managing director Jonathan Leslie.
